YEARLY HIGH
1.1685 DJF
YEARLY LOW
0.9416 DJF
YEARLY AVERAGE
1.0242 DJF

2023 LRD to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 1.1685. Conversely, the yearly low was recorded on November 4, dropping to 0.9416.

This high-to-low spread represents a total annual volatility of 0.2269 DJF. From a start-to-finish perspective, comparing the January average rate of 1.1440 to the December average rate of 0.9462, the exchange rate registered a net change of -17.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1685 was down 4.73% compared to the 2022 peak of 1.2265, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 LRD based on timing:

Yearly Peak High 5,842 DJF
2022 Average 5,823 DJF
Yearly Trough Low 4,708 DJF
Transaction Impact: A difference of 1,134.55 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1638
0.9260
JanuMarcMayJulySeptNove

LRD to DJF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1.0949, compared to 0.9535 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1414 points.

H1 Avg (Jan–Jun) 1.0949
H2 Avg (Jul–Dec) 0.9535

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0680 DJF (High: 1.0544 / Low: 0.9865). On the other end, October was the most stable month, with a tight range of 0.0067 DJF (High: 0.9558 / Low: 0.9491).

June Spread (Volatile) ±0.0680
October Spread (Stable) ±0.0067

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0524 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0524

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.1377) against the same month in 2022 (average: 1.1577), the exchange rate shifted by -0.0200 (-1.73%).

2023 Avg (February) 1.1377
2022 Avg (February) 1.1577

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1564 1.1345 1.1440
February 1.1685 1.1186 1.1377
March 1.1564 1.0901 1.1142
April 1.0967 1.0649 1.0890
May 1.0755 1.0517 1.0651
June 1.0544 0.9865 1.0196
July 0.9874 0.9547 0.9671
August 0.9598 0.9476 0.9549
September 0.9603 0.9518 0.9553
October 0.9558 0.9491 0.9517
November 0.9497 0.9416 0.9459
December 0.9529 0.9424 0.9462